XML 38 R29.htm IDEA: XBRL DOCUMENT v3.22.2.2

Earnings Per Common Share ("EPS") (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Reconciliation of Earnings and Shares Used in Calculating Basic and Diluted EPS

The following table presents a reconciliation of the earnings and shares used in calculating basic and diluted EPS (in thousands, except per share amounts).

		Three months ended September 30,								Nine months ended September 30,
		2022				2021				2022				2021
Net income available to common shareholders		$	13,489			$	16,811			$	43,390			$	56,990
Weighted average common shares outstanding:
Total shares issued			16,100				16,100				16,100				16,100
Unvested restricted stock awards			(6	)			(5	)			(5	)			(6	)
Treasury shares			(765	)			(258	)			(692	)			(244	)
Total basic weighted average common shares outstanding			15,329				15,837				15,403				15,850
Incremental shares from assumed:
Vesting of restricted stock awards			64				99				81				90
Total diluted weighted average common shares outstanding			15,393				15,936				15,484				15,940
Basic earnings per common share		$	0.88			$	1.06			$	2.82			$	3.60
Diluted earnings per common share		$	0.88			$	1.05			$	2.80			$	3.58

Shares Excluded from Computation of Diluted EPS

For each of the periods presented, average shares subject to the following instruments were excluded from the computation of diluted EPS because the effect would be antidilutive (in thousands):

		Three months ended September 30,								Nine months ended September 30,
		2022				2021				2022				2021
Stock option			—				—				—				—
Restricted stock awards			1				—				1				4
Total			1				—				1				4

X

- References

No definition available.

+ Details

Name:	us-gaap_EarningsPerShareAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257

+ Details

Name:	us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration